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the new political leadership in china appears to be market friendly. we have avoided having southern europe slip into the mediterranean. and so also given other asset classes equities appear to be relatively attractive. >> let's talk about that, actually. because did you ask the people that you survey what are the best asset csse and stks got-- was at the top of the list. let's look at the list here, followed by precious metals, commodities, bonds and cash at the bottom of the list. tell us a little bit pore about those rankings from investment managers? >> sure. and these are charter financial analysts that we survey, our members. they spend their time in the markets investing. and compared to last year, there is more pessimism about the prospect it's for bonds, for fixed income given the very low nominal level of yields. and also for cash where basically you cat get any return. equies we the clear favorite with over 50% of our respondents saying that they would be the best asset class. >> there is still some pessimism about europe, primarily coming f
the new political leadership in china appears to be market friendly. we have avoided having southern europe slip into the mediterranean. and so also given other asset classes equities appear to be relatively attractive. >> let's talk about that, actually. because did you ask the people that you survey what are the best asset csse and stks got-- was at the top of the list. let's look at the list here, followed by precious metals, commodities, bonds and cash at the bottom of the list. tell...
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colleges and universities today actively recruit in china. while the influx has led to greater diversity on campus it has also brought challenges, chief among them the language barrier. chinese students have had use-to-use head sets from english to man darr written translation. enrolls hundreds of students china one administrator quit over that school's aggressive recruiting policy. many campuses say they are trying to strike a balance as they work to accommodate some young people coming primarily from one country. >> if you go into a business class and 80% of the students there are chinese, that's not what the chinese wanted and that's not what the 20% of americans were expecting, either. >> even so, many u.s. colleges are stepping up their recruiting efforts. some are even having their professors learn about chinese culture and traditions to help these students better engage in class. harris? >> harris: claudia, thank you. the olympic runner with no legs stunned fans this past summer in london. enough to he has hit the track against a new k
colleges and universities today actively recruit in china. while the influx has led to greater diversity on campus it has also brought challenges, chief among them the language barrier. chinese students have had use-to-use head sets from english to man darr written translation. enrolls hundreds of students china one administrator quit over that school's aggressive recruiting policy. many campuses say they are trying to strike a balance as they work to accommodate some young people coming...
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people are concerned about the inventory building in china putting a lid on the stock. now, i am looking for a lid to be blown off by a turn in china eventual l. maybe not this quarter. while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big brand names. what a big week next week. friday we get results from walgreen's. i feel badly for wag. we just heard from cvs yesterday which boosted its numbers. that's a tough comparison to go against. i don't know how walgreen's can keep up. i will say this, though, the drug stores have been in secular share take mode from other stores, which is one reason why cvs was able to deliver such a strong number p. and i think walgreen's will show better numbers now that it's put its express scripts tiff behind it. moving over to cvs. that was really he helpful for c slchlt s. the gigantic p
people are concerned about the inventory building in china putting a lid on the stock. now, i am looking for a lid to be blown off by a turn in china eventual l. maybe not this quarter. while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big...
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the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's counter intuitive. >> if that were to happen, i agree with josh. i don't know that i see that in front of us. if that were to happen, i think that present a great opportunity. i look at the financials. goldman sachs, i look at all the financials. jpmorgan, goldman sachs, i like them. >> i totally get what mike's saying. it's an interesting thing to consider. it's definitely possible of course. my inclination would be a 1,000 point dow rally. there's so much pent up fear and skepticism. with that out of the way in addition to what the feds told us, which is low rates until we're dead, i ca
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's...
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what went wrong in apple in china. where are they huge crowds of people tripping over themselves to get the new iphone five? after all, 300,000 reorders. 300,000. it sounds like a lot, but there are some are calling this launch this news, even a dad. will this further erode the stock which has plummeted 28% since that september? we decided to go beyond this. of the chinese over it? some months, the apple turnout, not at all what it was cracked up to be. investors are voting with their wallets. apple shares are down. just a couple of percentage points. important to know this is trading in a nine month low. add another 4 percent today, the negative comments adding to the selling pressure. the firm cutting its 2013 estimates and lowering its price target. we know that maybe the huge ones are not so huge in china because apple instituted an online reservation system. folks, let's not ignore it. the allies did not even come close to this, the launch of the iphone four in the u.s. when people waited all night long, lines wra
what went wrong in apple in china. where are they huge crowds of people tripping over themselves to get the new iphone five? after all, 300,000 reorders. 300,000. it sounds like a lot, but there are some are calling this launch this news, even a dad. will this further erode the stock which has plummeted 28% since that september? we decided to go beyond this. of the chinese over it? some months, the apple turnout, not at all what it was cracked up to be. investors are voting with their wallets....
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that's not necessarily a bad thing when it hits for china markets. in all likelihood you'll see a rally. >> if you don't want emerging market debt, you can buy this and get the exposure? >> that's absolutely correct. you don't have the same accounting concerns. you buy multi-national u.s. global companies with better accounting control. >> michael, thank you very much. >>> gold prices are on the down side for this week. it's been kind of a brutal week for the precious metals. final floor trades in metals being made right now. live coverage of the close is coming up on "power." >> announcer: cnbc program is sponsored by mercedes benz. ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to
that's not necessarily a bad thing when it hits for china markets. in all likelihood you'll see a rally. >> if you don't want emerging market debt, you can buy this and get the exposure? >> that's absolutely correct. you don't have the same accounting concerns. you buy multi-national u.s. global companies with better accounting control. >> michael, thank you very much. >>> gold prices are on the down side for this week. it's been kind of a brutal week for the precious...
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one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a very nice and respectful and quiet lady. a very successful businesswoman from shanghai. she doesn't need to do that to make money. even if she was, does not want her being beaten like that. neil: i don't understand the events that led to anyone getting tased in the store. could she resist or yell or scream? >> she yelled and she screamed. when it be ironic if the chinese government followed up a complaint about the maltreatment of one of their nationals. >> as far as you know, do you know what is your fiancÉ do? and she involved in the technology industry? >> she was an a
one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a...
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is this support provided by china, or is there more of work? >> i think it is china. today here in the u.s. you have no inflation. the fed can't even get more aggressive. they may have to the way things are going, but you're also seeing a return to geopolitical rest. the increased risk that the syrian situation could expand. the u.s. sending missiles and troops to the area does not make oil traders excited, but the other market that was driving today was gasoline. we put on $0.6 a day. on a slew of refinery issues, mainly year in the midwest. if you look at the refinery, a major crude unit that is having a lot of problems with all of -- they push back the time that it can start because of concerns about some fireproofing quoting. some people being sued over this, but it is driving prices higher. the cash market in the gulf, and chicago. good news, natural gas is warm. those level in three months. that's a good way to end the week. ashley: and phil flynn at the cme. thank you, as always. tracy: well, several names reportedly lining of to be a bidder for the twinkie mak
is this support provided by china, or is there more of work? >> i think it is china. today here in the u.s. you have no inflation. the fed can't even get more aggressive. they may have to the way things are going, but you're also seeing a return to geopolitical rest. the increased risk that the syrian situation could expand. the u.s. sending missiles and troops to the area does not make oil traders excited, but the other market that was driving today was gasoline. we put on $0.6 a day. on...
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and china, they played hard ball in china. anybody who has played hardball in china has not succeeded. like google. first amendment, you know, tiananmen square. what's the first amendment in china, i don't think it's free speech. >> i don't think so. >> interstate commerce is as powerful as anything. >> tear down a neighborhood at any moment. >> another $156 million shares eligible for social, the social network rallied after last month's expiration and shares up 25% since the middle of november. november 14th, we went into it thinking we'd get hurt. it ended up 12.6% that day, up 250. >> it did decline prior to that, in anticipation of the expiration. >> after a big run. it's got to digest. again, this is an interest per share situation. things are done at facebook that would justify the stock going higher. the short base was gigantic. do you sense a big run? >> i think the dynamic did change after the last quarter. and the discussion you talked about, we talked about it a great deal, what the trends really appeared to be in
and china, they played hard ball in china. anybody who has played hardball in china has not succeeded. like google. first amendment, you know, tiananmen square. what's the first amendment in china, i don't think it's free speech. >> i don't think so. >> interstate commerce is as powerful as anything. >> tear down a neighborhood at any moment. >> another $156 million shares eligible for social, the social network rallied after last month's expiration and shares up 25%...
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a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained more than half a percent. tock owe's nikkei shed a fraction. concerned about washington's fiscal talks pushed wall street stocks lower. the dow finished down 74 points on thursday. the nasdaq lost 21 points. >>> swiss bank ubs is said to be in talks to pay a $1 billion fine to settle allegations of rigging a key interest rate benchmark. ubs is accused of manipulating the libor to boost trading profits. the rate affects trillions of dollars and loans including mortgage rates. barclays paid a $450 million fine to settle similar allegations last june. >>> consumers are spending more, but the results are mixed for retailers. the commerce department said on thursday that retail sales increased 0.3 in the month of november from the month before. the increase is due in part to hurricane rebuilding in the northeast. the report says online shopping surged, but department store sales declined. >>> in new york, raising your arm in the middle of the street and yelling
a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained more than half a percent. tock owe's nikkei shed a fraction. concerned about washington's fiscal talks pushed wall street stocks lower. the dow finished down 74 points on thursday. the nasdaq lost 21 points. >>> swiss bank ubs is said to be in talks to pay a $1 billion fine to settle allegations of rigging a key interest rate benchmark. ubs is accused of manipulating the...
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chicken cooked in cola is common dish in china. lays launch as new flavored chip each year i don't think i would have it. liz: we hope you have a good weekend. >> i'm adam shapiro in for melissa francis. here's what's "money" tonight. the great pork giveaway. the senate is ready to vote on a $60 billion package for hurricane sandy aid but guess where a big chunk is going? long term infrastructure projects. is this going to the people and businesses who desperately need it? >>> plus black box recorders may soon be mandatory in all new cars. a dream for safety regulators and insurance companies but will it leave drivers privacy totalled? we'll explain. >>> party infighting over the fiscal cliff intensifies. one gop congressman is completely breaking rank claiming there is conservative case for raising taxes. he will join us to make his case. because even when they say it's not, it is always about money adam: good afternoon to you. let's take a look at the day's market headlines. an unexpectedly strong rise in november industrial prod
chicken cooked in cola is common dish in china. lays launch as new flavored chip each year i don't think i would have it. liz: we hope you have a good weekend. >> i'm adam shapiro in for melissa francis. here's what's "money" tonight. the great pork giveaway. the senate is ready to vote on a $60 billion package for hurricane sandy aid but guess where a big chunk is going? long term infrastructure projects. is this going to the people and businesses who desperately need it?...
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optimism on china coming back giving the steel sector boost. prices for iron ore hitting a decent high lately, not a bad move, translating to a lot of names in this space for a while it looked like the economy was weakening and now it is coming back. dave: we want to let you know we will throughout this hour ridge you -- give the regular updates on a horrendous shooting in connecticut. that is coming throughout the hour. liz: how about alternative investment? putting money behind a pop culture icon. we are looking at other ways to make money than stocks but what about judy garland? the rights to her tv show are up for auction. did you know the rights and royalties of an investment can return 8% to 11% on average? better than a kick in the head. we have the man who is selling rights that he bought from judy garland's former husband. dave: today is the deadline for states to say if they will set up their own health care exchanges or leave it to the federal government to take care of. coming up an expert telling us why these exchanges could spell
optimism on china coming back giving the steel sector boost. prices for iron ore hitting a decent high lately, not a bad move, translating to a lot of names in this space for a while it looked like the economy was weakening and now it is coming back. dave: we want to let you know we will throughout this hour ridge you -- give the regular updates on a horrendous shooting in connecticut. that is coming throughout the hour. liz: how about alternative investment? putting money behind a pop culture...
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. >>> the iphone 5 finally went on sale today, in the world's biggest smartphone market, china. that country is hugely important to apple, which has seen its stock price slide lately. only the u.s., in fact, buys more apple products. and china accounted for almost $24 billion or about 15% of apple's revenues in the past year. >>> and it's no secret that apple and other tech companies pay well. it turns out even their interns are scoring big bucks at facebook. >> business insider reports facebook pays interns more than $5,600 a month. and that ends up being about $67,000 a year, yep, for being an intern. that's about $25,000 more than the average u.s. worker makes. >> here's your application. and i printed one out for me. >>> when we come back, the guests who got a lot more than they expected at one golden corral. >>> and some sad faces this morning in philadelphia, after yet another disappointing performance by those eagles. introducing nook hd - the world's best 7" tablet made for reading and entertainment. your favorite magazines and catalogs look better than ever. and with sc
. >>> the iphone 5 finally went on sale today, in the world's biggest smartphone market, china. that country is hugely important to apple, which has seen its stock price slide lately. only the u.s., in fact, buys more apple products. and china accounted for almost $24 billion or about 15% of apple's revenues in the past year. >>> and it's no secret that apple and other tech companies pay well. it turns out even their interns are scoring big bucks at facebook. >> business...
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in 2010 28 children and two teachers were stabbed in china, so this level of violence, both in china situations were in elementary schools. we have to deal with the overall concept of violence because it can, obviously, be done with handguns, as we saw today with knives as china was today. >> clint making a very important point that this is not simply about guns and gun control, but a cull toor of violence that is, unfortunately, international. we are expecting a news conference from connecticut state police at 1:00 p.m. eastern. we will bring that to you live ahead, but, first, we are going to get a live update from wnbc's jonathan dietz, more breaking news after the break. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! at legalzoom, we've created a better place to handle your legal needs. maybe you hav
in 2010 28 children and two teachers were stabbed in china, so this level of violence, both in china situations were in elementary schools. we have to deal with the overall concept of violence because it can, obviously, be done with handguns, as we saw today with knives as china was today. >> clint making a very important point that this is not simply about guns and gun control, but a cull toor of violence that is, unfortunately, international. we are expecting a news conference from...
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coming in first in china, south korea, then finland and an u.s.a. number 24. math is similar: >> cenk: we're number one. >> now similar story again when it comes to science: >> that in in a's really kicking our ass. >> cenk: that would be another segment. >> cenk: number one. >> now barack obama has been on the record saying really great things about the educational system in south korea. let's take a look. >> our children, listen to this, our children spend over a month less in school than children in south korea every year. that's no way to prepare them for a 21st century economy. >> well, he's right. if you look at the number, south korea spends 220 days a year in class, in the u.s., 180 days per year. in finland it's 190. with south korea and finland you have two opposite ends of the spectrum. turns out both work. we can have a discussion as to what's better, but whatever the u.s. is doing that's not working. when it comes to education funding in korea basically it's the number one in family spending on private education including test preparation. if you
coming in first in china, south korea, then finland and an u.s.a. number 24. math is similar: >> cenk: we're number one. >> now similar story again when it comes to science: >> that in in a's really kicking our ass. >> cenk: that would be another segment. >> cenk: number one. >> now barack obama has been on the record saying really great things about the educational system in south korea. let's take a look. >> our children, listen to this, our children...
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this a brand new hot spot " my china' is modern chinese food. right before your very eyes. >> people want to come here and they want to taste our food. and you can sit up close. with a giant and to check up this call is longevity them with a wonderful memories. we want them to come here and have a dining experience. we want them to come back again and again and again! >> she has been here three times in one week. >> i like this very much i am experimenting. >> the black truffle dumpling. and a giant ancient bell he shakes it up. my giant is the crab and the veggie noodles www.kron4.com enjoy life! vicki liviakis... >> coming up the madness around union square. it's >>catherine: the bay area's favorite way to ring in the new year. is always with kron 4. we'll have the biggest parties and best fireworks. i'll be hosting new year's live with gary radnich. it should be a lot of fun. see you on new year's live - starting at 11:30. [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just
this a brand new hot spot " my china' is modern chinese food. right before your very eyes. >> people want to come here and they want to taste our food. and you can sit up close. with a giant and to check up this call is longevity them with a wonderful memories. we want them to come here and have a dining experience. we want them to come back again and again and again! >> she has been here three times in one week. >> i like this very much i am experimenting. >> the...
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and china is 2% of the world economy. and then look at china's soaring rise, because they have been growing at about 10% per year, where we have been growing at about 2% to 3% per year. now those lines cross in this picture, according to the international monetary fund in the year 2017 when the imf predicts that china will be the world's largest economy. the intelligence report says 2022. it doesn't mean that china will be per person than the u.s., fwhaz're four times larger in population, in fact they'll have 1/4 the income per person, but the megasize of the economy says that they'll have such a huge role in international politics and international trade, changing the whole direction of the u.s. economy, where investments are going, this is a pretty fundamental change, it hasn't happened in the last two century this is way. 12kw4r didn't people say the same thing about japan rising up in the early '90s. a lot of angst in america about japan rising up. maybe china isn't going to be on the same path at all. but america's
and china is 2% of the world economy. and then look at china's soaring rise, because they have been growing at about 10% per year, where we have been growing at about 2% to 3% per year. now those lines cross in this picture, according to the international monetary fund in the year 2017 when the imf predicts that china will be the world's largest economy. the intelligence report says 2022. it doesn't mean that china will be per person than the u.s., fwhaz're four times larger in population, in...
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charles: a lot of people do not believe the china story. this number to me tells really nice with other things. dagen: most people already own it in their 401(k). charles: you are absolutely right. the stock is down pretty big from where it was. this last quarter was a disaster. north america construction was up. almost everything should go up next year. i love the risk reward on this. connell: this will be a huge story whether china is about two, you know, come back or collapse. charles: a minimum of 8.5% next year. we would take it in a heartbeat. dagen: deceleration is dangerous even if you are still going at 8%. connell: thank you, charles. appreciate it. dagen: we are. on saturday morning. connell: umbrella. no changes to the tax structure. dagen: more on the impact of the fiscal cliff. women are worried about it. there will not be spending that much on it on you. they will probably be spending it on themselves. a look at how the world currencies are very against the dollar today. ♪ there is no mass-produced human. every human being
charles: a lot of people do not believe the china story. this number to me tells really nice with other things. dagen: most people already own it in their 401(k). charles: you are absolutely right. the stock is down pretty big from where it was. this last quarter was a disaster. north america construction was up. almost everything should go up next year. i love the risk reward on this. connell: this will be a huge story whether china is about two, you know, come back or collapse. charles: a...
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they used to produce a lot in china. they've decide wages are too high in china. they moved toward bangladesh which has the world's lowest minimum wage for a country that does serious manufacturing about $37 a month. and walmart sears other countries look to bangladesh because they want to produce apparel at the very lowest cost and they're worried if they invest a lot more in, say in wages or fire safety, that might force them to pay $5 a shirt rather than $4 a shirt and they worry that will make them competitive. my sense is having to talk to experts is western companies import about $18 billion worth of apparel each year from bangladesh and it might cost a billion or $2 billion to get several thousand apparel factories in shape to prevent fires, to provide fire escapes to provide good, safe stairways for people to come down. and i think the thinking is that might raise the price of apparel by 2%, 3%, which wouldn't kill us if we have to pay 50 cents more for a $20 shirt. >> jennifer: that's the issue. return on investment. cost benefit analysis that these compa
they used to produce a lot in china. they've decide wages are too high in china. they moved toward bangladesh which has the world's lowest minimum wage for a country that does serious manufacturing about $37 a month. and walmart sears other countries look to bangladesh because they want to produce apparel at the very lowest cost and they're worried if they invest a lot more in, say in wages or fire safety, that might force them to pay $5 a shirt rather than $4 a shirt and they worry that will...
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. >> it's like jeffrey immelt saying kind of praising china recently because they can make some good business decisions for themselves so the whole system might be somewhat add admirable. i think they are revealing what they in many ways really think. it wasn't too many years ago that we were talking about harry belafonte comments about condoleezza rice and even colin powell when he said they were living in the house of the master. he wasn't joking then. he may be overstated a little bit maybe for him. >> bill: is he emboldened. >> of course. >> bill: nobody cares about harry belafonte. >> that song is in my head ruining the christmas season banana boat. >> bill: sun goes down. i like that song. i used him not because he has credibility and that is he somebody that people listen to, but to give you an example of what is being said in the salons at the huffington post. these people are going, you know what? if you oppose president obama now and you oppose the secular progressive agenda we're going to deal with you. look, the attacks on me, look, i have a stack of news clips all over t
. >> it's like jeffrey immelt saying kind of praising china recently because they can make some good business decisions for themselves so the whole system might be somewhat add admirable. i think they are revealing what they in many ways really think. it wasn't too many years ago that we were talking about harry belafonte comments about condoleezza rice and even colin powell when he said they were living in the house of the master. he wasn't joking then. he may be overstated a little bit...
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also, china story. apple's iphone is officially on sale in china starting today. that should help apple reverse a slide in its market share in that really important area. but analysts say the key to apple's future in china is a tie-up with the telecom operator china mobile. the two have been in talks for years but haven't yet come to any agreement. and you wonder how much china, how much do they want? how much do you have to give up to get a part over there? almost everything, right? >> pretty much. all of your data, everything -- >> their way, they get your technology. do they get the lion's share of -- do they split anything down the middle? >> anyway let's talk about facebook. a major facebook lockup expiration is happening today. early employees' investors will get their first chance to sell about 156 million facebook shares since the ipo back in may. and joining us now on the "squawk" newsline, henry blodget, the ceo and editor in chief at business insider. good morning. >> good morning, thanks for having me. >> a little prognostication here. does this matter
also, china story. apple's iphone is officially on sale in china starting today. that should help apple reverse a slide in its market share in that really important area. but analysts say the key to apple's future in china is a tie-up with the telecom operator china mobile. the two have been in talks for years but haven't yet come to any agreement. and you wonder how much china, how much do they want? how much do you have to give up to get a part over there? almost everything, right? >>...
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was more ready for this fight just yesterday there was some debate on the security council, and the china he's representative said something. i forget what it was. "new york times" reports it this morning and susan rice says, "0 that's ridiculous ". i mean in terms of diplomatic-speak, she is nothing for being rough and tumble. she doesn't take any crap which is ideal some people don't like her. it's why i love her. thanks veronica. john, out in ferndale washington. >> that's in california? >> it's washington state. >> you got it. i am going to be mindful of the words you can't say on the radio >> bill: you can't either, john >> caller: callers, as well as yourself, let's go over the record quickly. shra they were afraid from glenn beck was going to do a program on her, threw her under the bus. acorn right under the bus. i wonder, has, you know, has -- did you ever see the front line special on pbs when barack obama was the harvard law review, they talked about how he caved into the conservatives at the harvard law review. i just wonder: does this man have any fight in him let me cylinder
was more ready for this fight just yesterday there was some debate on the security council, and the china he's representative said something. i forget what it was. "new york times" reports it this morning and susan rice says, "0 that's ridiculous ". i mean in terms of diplomatic-speak, she is nothing for being rough and tumble. she doesn't take any crap which is ideal some people don't like her. it's why i love her. thanks veronica. john, out in ferndale washington. >>...
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. >> that's like jeffrey saying kind oft praising china recently because they can make some good business decisions for themselves, so the whole system might be somewhat admirable. they're always joking when they say something outrageous. i think they're revealing in many ways what they really think. it wasn't too many years ago, bill, that you and i were talking abouter harry's comments about condoleeza rice and even colin powell where they live in the house ofen the master. >> bill: right. >> he wasn't joking then. you know, he maybe overstated a little bit for him. >> bill: look. nobody cares about harry anyway. >> that song is in my head. you're ruining the christmas season, the banana boat song. >> bill: i like that song. >> would you sing it for us? >> i used him not because he has credibility and that he's somebody that people listen to. but to give you an example of what is being said in the salons, at the huffington post. there arese people going you knw what? if you oppose president obama now anden you oppose the secular progressive agenda, we're going to deal with you. look. th
. >> that's like jeffrey saying kind oft praising china recently because they can make some good business decisions for themselves, so the whole system might be somewhat admirable. they're always joking when they say something outrageous. i think they're revealing in many ways what they really think. it wasn't too many years ago, bill, that you and i were talking abouter harry's comments about condoleeza rice and even colin powell where they live in the house ofen the master. >>...
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ahead of the opening bell, as investigators will report that manufacturing is continue to pick up in china, the world's second- largest economy. >> the games are fairly modest though as with about two weeks left until the end of the year, the gridlock in washington is also at forefront of investors' minds. the dow dropped 75 points, the nasdaq and s&p also closed lower. reports due in the next hour will keep an eye out for consumer prices and industrial production report. and businesses news making headlines this morning the parent company of discovery channel says it is buying stev12 tv networks in europe in a deal worth about 1.7 million >> will be right back with more on traffic and 5:09 is the time right now and there may still be a little jews destined blackberry. >> immigration and customs and force and says that will test the new >>-10 smart phones after phasing out older black bears in favor of i foams. >> the announcement has inject some life investors toward to the stock which had lost about 75% of its value in the last two years on evidence that the make or break >> tin line is
ahead of the opening bell, as investigators will report that manufacturing is continue to pick up in china, the world's second- largest economy. >> the games are fairly modest though as with about two weeks left until the end of the year, the gridlock in washington is also at forefront of investors' minds. the dow dropped 75 points, the nasdaq and s&p also closed lower. reports due in the next hour will keep an eye out for consumer prices and industrial production report. and...
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. >>> also, the iphone 5 now officially on sale in china. but today's launch, nothing like this one in january. riots breaking out when the 4s was released. apple, hoping today's launch could single-handedly stop its recent stock slide. >>> and, finally, it's not your average bottle of beer. this is your chance to buy what is considered the world's very best beer. it is called westvleteren. >> that was good. >> i'm not a trapist monk in belgium. the beer being sold in the u.s. for the first and possibly only time. good luck finding it. and if you've got a cool $85, it will buy you a six-pack. >> wow. >> maybe if you drink it, you can say it really well, too. >> seriously. maybe they named it after they sampled it. >>> a lot of news to get to. we have that dramatic withdrawal late thursday. u.n. ambassador susan rice takes herself out of the running to replace hillary clinton as secretary of state. abc's jake tapper is tracking the latest from the white house. good morning, jake. >> reporter: good morning, george. white house officials say th
. >>> also, the iphone 5 now officially on sale in china. but today's launch, nothing like this one in january. riots breaking out when the 4s was released. apple, hoping today's launch could single-handedly stop its recent stock slide. >>> and, finally, it's not your average bottle of beer. this is your chance to buy what is considered the world's very best beer. it is called westvleteren. >> that was good. >> i'm not a trapist monk in belgium. the beer being sold...
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. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a fraction. >>> now, you might not know the name but you have seen the unique label that norman woodland developed with another engineer. woodland invented the bar code. now what it is, that rectangle found on about every product we buy in stores. they got a patent for their invention 60 years ago. but the technology to use the bar code was not developed until 1974. norman woodland was 91. let's send it back to you. >> hope he made a couple of bucks with that. >> i'm sure. >>> well, apparently new yorkers will soon be able to hail their taxis just using their phones, right? >> reporter: aha. and new york raising your arm in the middle of the street and yelling taxi! it may soon be passe. the new way to get a cab may be with a smartphone app that's being tested. a passenger would use the app to request a ride. and the first cab driver who responds to the call from his cell phone gets the ride. a similar program is in use in other ci
. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a fraction. >>> now, you might not know the name but you have seen the unique label that norman woodland developed with another engineer. woodland invented the bar code. now what it is, that rectangle found on about every product we buy in stores. they got a patent for their invention 60 years ago. but the technology to use the bar...
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many of those kids are coming from china and iran. and russia -- many of those kids are coming from china and iran and russia. this is fascinating. on september 12, 2001, we had a conference scheduled on terrorism and cybersecurity. richard clark was going to be the speaker. we canceled that. since then, the cyber threat has increased exponentially. i from the cybersecurity caucus in the congress to educate members on this threat. there is a lot of education to do when you talk about legislation. it can be tricky. they had a glazed over with in their eyes. that was six years ago. members of congress are starting to understand the threat that mike played out. we need to do something about it. just about every federal agency has been hacked into. they continue to do that daily. i imagine in the physical world if papers were stolen out of the pentagon. it would be on the front page of the washington post. those attempts are made daily. they have stolen military secrets. ource.open s i see it on three levels. there is the crime, intellect
many of those kids are coming from china and iran. and russia -- many of those kids are coming from china and iran and russia. this is fascinating. on september 12, 2001, we had a conference scheduled on terrorism and cybersecurity. richard clark was going to be the speaker. we canceled that. since then, the cyber threat has increased exponentially. i from the cybersecurity caucus in the congress to educate members on this threat. there is a lot of education to do when you talk about...
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researchers in china looked at previous studies on obesity and thousands of births and say that health risks must be taken seriously. previous studies linked c-section births to allergies and diabetes later in life. we found one guy on our staff delivered c-section and is one of the fittest guys on our staff. >> he weighed ten pounds at the time. big baby. >> he's buff. not overweight. >>> in other news, marriage is good for people. gay and straight in fact. that's the finding of a new study. it shows same-sex couples married enjoy the same psychological benefits as heterosexual couples. more from abc senior medical contributor. >> reporter: as same-sex couples wait to hear what the supreme court says about their marrying, a study in the american journal of public health has already offered an opinion. the study looked at data from the 2009 california health interview survey, which included 47,000 participants, both men and women, ages 18 to 70, and both homosexuals and heterosexuals. the authors say married gay, lesbian and bisexual people have significantly less psychological stress
researchers in china looked at previous studies on obesity and thousands of births and say that health risks must be taken seriously. previous studies linked c-section births to allergies and diabetes later in life. we found one guy on our staff delivered c-section and is one of the fittest guys on our staff. >> he weighed ten pounds at the time. big baby. >> he's buff. not overweight. >>> in other news, marriage is good for people. gay and straight in fact. that's the...
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stocks mixed in early trading after a trap in united states consumer prices and a strong survey of china manufacturing failed to exciten vestors. big reason is gas costs falling by the most in nearly four years taking a live look, a narrow positive number up seven, the nasdaq down 16, s and p is down four. >>> watch adobe systems stock. the stock is up nearly 5%. investors have been encouraged by better than expected results. they earned $222 million for the quarter that ended last month. that's up 49 million from last year. revenue remained flat and the cfo said 2013 will be an important year for the transition to its subscription based services including creative cloud. >> police in fremont searching now for the man who reportedly walked into an islamic center and threatened to kill everybody. it happened wednesday and it was caught on tape. police say the man walked into the center and said he had a gun. it's not clear why he did it. >> it's christmas. people are going back and forth a lot, busy, maybe need money or something. i couldn't say what it was. i hope just not to happen agai
stocks mixed in early trading after a trap in united states consumer prices and a strong survey of china manufacturing failed to exciten vestors. big reason is gas costs falling by the most in nearly four years taking a live look, a narrow positive number up seven, the nasdaq down 16, s and p is down four. >>> watch adobe systems stock. the stock is up nearly 5%. investors have been encouraged by better than expected results. they earned $222 million for the quarter that ended last...
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>> it's the claim by the romney campaign that jeep moved its production to china at the cost of the american jobs. ♪ lie, lie, lie ♪ ♪ you are a liar ♪ ♪ liar, liar pants on fire ♪ >> untrue statement of the entire year in politics. ♪ born born to liar ♪ ♪ born to be a liar ♪ >> stephanie: yay rocky mountain mike! [ applause ] >> stephanie: jacki schechner news woman extrordanaire. >> she's writing newscasts over here. >> stephanie: i don't care. >> i'm here. >> she needs time to make up the news. >> i'm picking up on the [ inaudible ]. >> stephanie: she is the one that decided to come in so i would bother her all morning, jacki. >> little delay in audio there. >> stephanie: yeah but this is a great piece. thomas mann and norman ornstein wrote a great piece -- [♪ "world news tonight" theme ♪] >> stephanie: how the main stream media bungled the biggest story of the campaign. >> they used words like miss information. or questionable. or -- >> stephanie: right. >> why don't you say lie? it's quicker, easier zippier, and it's true. >> stephanie: right. even polititfact th
>> it's the claim by the romney campaign that jeep moved its production to china at the cost of the american jobs. ♪ lie, lie, lie ♪ ♪ you are a liar ♪ ♪ liar, liar pants on fire ♪ >> untrue statement of the entire year in politics. ♪ born born to liar ♪ ♪ born to be a liar ♪ >> stephanie: yay rocky mountain mike! [ applause ] >> stephanie: jacki schechner news woman extrordanaire. >> she's writing newscasts over here. >> stephanie: i...
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and if you look at china in particular, they are now looking for corporate bonds and alternative investments rather than u.s. treasury securities because they don't like what they see and understandably so. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because their mandate was changed in the late 70's to where they have to be concerned with short-term unemployment. in the absence of the congress and president working together to get a fiscal deal, they're the only game in town, so we need a fiscal deal and then ultimately the fed has to change its policies because both are improve -- in britain and unsustainable over time. >> the most successful physical consolidations in the developed democratic world occurred in canada in the mid-1990s. and i frequently asked canadian politicians, how did you do it? because the public point from cheering on spending to an abhorrence of deficits within a matter of a year to. so governments in canada now, there is some peril if they don't balance the budget. and the answer you most frequently
and if you look at china in particular, they are now looking for corporate bonds and alternative investments rather than u.s. treasury securities because they don't like what they see and understandably so. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because their mandate was changed in the late 70's to where they have to be concerned with short-term unemployment. in the absence of the congress and president working together to...
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stocks are set to open higher today following news that manufacturing is picking up in china. gains are expected to be modest, though as the fiscal cliff issue remains unresolved. >>> the u.s. is showing its support for turkey in the face of potential threats from syria. the u.s. milltory will deploy 400 troops to turkey in the coming weeks. the patriot the missile system would be used only for defense. >>> president obama is speaking out about marriage marriage for the first time since colorado and washington state legalized it. he told abc's barbara walters he discourages drug use and regrets doing it as a kid but says it's not a top priority for the feds to prosecute recreational users in states that have legalized the substance. >>> we're awaiting word on the next round of fiscal cliff negotiations. president obama and house speaker john boehner metaphor just under an hour at the white house late yesterday afternoon. still no deal. aides for both men describe the session as frank and say the lines of communication will stay open. the law of the land, that's how house speak
stocks are set to open higher today following news that manufacturing is picking up in china. gains are expected to be modest, though as the fiscal cliff issue remains unresolved. >>> the u.s. is showing its support for turkey in the face of potential threats from syria. the u.s. milltory will deploy 400 troops to turkey in the coming weeks. the patriot the missile system would be used only for defense. >>> president obama is speaking out about marriage marriage for the first...
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it was headed to china, where elephant tusks are in high demand. poachers slaughter thousands of elephants in order to get the tusks. >>> salvation army workers in oklahoma found a wedding ring in one of their red kettles, but they don't know if the ring is really a generous donation or if it slipped off someone's finger, someone could be really upset right now that they don't know where the ring is. they are giving the owner 90 days to come forward. after that it's considered a donation. >>> suffering through a losing season in the nfl is bad enough, but blocking your own punter's kick? more on last night's bizarre play, coming up. >> you're not supposed to do that. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have t
it was headed to china, where elephant tusks are in high demand. poachers slaughter thousands of elephants in order to get the tusks. >>> salvation army workers in oklahoma found a wedding ring in one of their red kettles, but they don't know if the ring is really a generous donation or if it slipped off someone's finger, someone could be really upset right now that they don't know where the ring is. they are giving the owner 90 days to come forward. after that it's considered a...